At the market close on December 30, 2011, Bank of Montreal had a closing share price of

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At the market close on December 30, 2011, Bank of Montreal had a closing share price of $55.88. In addition, Bank of Montreal had a dividend per share of $2.80.
Determine Bank of Montreal's dividend yield. (Round to one decimal place.)
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Accounting Volume 2

ISBN: 978-0176509743

2nd Canadian edition

Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren

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